Blockfreight, Inc. launches new initiative to bring first-of-its-kind Bitcoin financial-assets meta protocol Counterparty to Bitcoin Cash chain.

Press Release

FOR IMMEDIATE RELEASE

Blockfreight, Inc. launches new initiative to bring first-of-its-kind Bitcoin financial-assets meta protocol Counterparty to Bitcoin Cash chain.

Leading blockchain logistics startup Blockfreight, Inc., announces new initiative to bring Counterparty protocol to Bitcoin Cash.

San Francisco, CA – Tuesday, 19 December, 2017

Blockfreight, Inc. [blockfreight.com] announced today an initiative to bring Bitcoin financial asset protocol Counterparty [counterparty.io] to the Bitcoin Cash network as part of its own product roadmap and use of the Counterparty protocol for its platform design.

Julian Smith, CEO of Blockfreight, Inc. speaking about the initiative today, outlined his motivation for the project “Counterparty provides us with a powerful extension to the Bitcoin protocol and it will be a valuable for us to have it (Counterparty) on the Bitcoin Cash network which is now the fastest growing implementation of Nakamoto consensus Peer-to-Peer Electronic Cash”

The project is calling on additional support from the developer and Counterparty user community to submit a joint draft-application to the Bitcoin Cash Fund at the end of this month and undertake implementation and testing work in Q1-2018.

“There is still some discussion to be held with stakeholders, including but not limited to Counterparty lead developers, the board of Counterparty Foundation, Asset Owners and XCP holders as to how this project can best align to their respective and mutual interests.” said Mr. Smith “In principle, we are committed to take these needs into account in determining how to best co-fund and maintain the implementation on Bitcoin Cash moving forward”

Initial discussions held in November with key stakeholders and active community members to include Bitcoin Cash support inside the main Counterparty project did not achieve overwhelming consensus, with some members expressing moderate support but some community members expressing strong opposition to any official support of the Bitcoin Cash chain by the Foundation either now or in the immediate project roadmap.

“Our goal here is not to alienate anyone or force a change in the Counterparty community that it is not ready for” stated Me. Smith “We want to mitigate harming or upsetting the Counterparty stakeholder community with this project. We simply see a better roadmap for scaling on the Bitcoin Cash network and feel that is in our best interests as a company to see more tools come into the Bitcoin Cash ecosystem.”

CALL FOR INVOLVEMENT:

Blockfreight, Inc. is asking all interested parties to reach out and help this initiative with an Expression of Interest (EOI) by way of Email to: julian.smith@blockfreight.com or a message on the Counterparty Slack channel [counterparty.slack.com] by direct message to @julian.smith

TIMELINE:

It is expected that the project will be completed in Q1-2018 with on-going support and development committed for 12 months, subject to renewal. A dedicated project mini-site will be completed in the coming weeks to promote the project and invite wider community support.

ABOUT BLOCKFREIGHT: Blockfreight, Inc. (a Delaware company) is an early-stage venture backed software startup building Blockfreight™ the blockchain of global freight. A shipping and logistics blockchain supporting 360,000,000 containers on network by 2020. An Open (MIT) Licensed, Borderless, Permission-less, Network for the Free-Trade of Physical Goods. Blockfreight™ is the most innovative and open platform for logistics in the world. Blockfreight, Inc. is a core team of 20+ partners, associates, developers, engineers and professional representatives at offices in San Francisco, Shanghai, Melbourne, Hong Kong and Tokyo. Blockfreight, Inc. is a founding member and Chair of the Blockfreight Association in Zug, Switzerland.

JULIAN SMITH
President, Founder & CEO
Blockfreight, Inc.
535 Mission St 14th floor

San Francisco CA 94105
+1 (415) 429-3924

julian.smith@blockfreight.com

How Blockfreight™ built a blockchain of global freight

How Blockfreight™ built a blockchain of global freight

How Blockfreight™ built a blockchain of global freight

Blockchains & Shipping

Julian Smith

Julian Smith, Founder & CEO, Blockfreight, Inc.

8th May, 2017

Blockfreight™ the blockchain of global freight. Technical perspectives. What’s a blockchain?

The end of money as we knew it, and the start of money as we want it. In moving the global accord of free trade and movement of goods made by citizens between and amongst themselves with the smallest possible amount of regulatory interference and or participation is worth producing in the world through digital means.

From the outset, our job has been to install this value set in the application code and the universe by its active passing of operating variables from the runtime on the public internet into the Blockfreight™ blockchain.

Satoshi Nakamoto’s peer-to-peer electronic cash has produced many things now, including the ability to sift through the fog of promises which are immutable or otherwise.. in a practical sense.

Data units matching this “immutability in practice” with tamper evident proof-of * ( work / stake or distribution ) to become a canonical cannon of reference is a blockchain.

Nautical chain: High tensile steel links in port facilities. (Photgrapher/Location unkown)
Do you know? Contact Us

 

Blockfreight™ the blockchain of global freight.

Blockfreight™ is an equivalent digital bond in world trade. The Blockfreight™ Transaction [BF_TX] is the Open Source (MIT) Licensed code for transport via Shipping Containers. Used by some of the world’s largest companies. This project is often referred to as the first industrial application and use-case of Bitcoin.

 

“This project is often referred to as the first industrial application and use-case of Bitcoin.”

Every year the global freight task of 360,000,000 movements of goods feed, clothe and nurture us. The introduction of the Blockfreight™ blockchain of global freight network is owners and operators of complex global networks can have confidence in the quality of the data provided to them in an open, cheap (USD$1 per transaction) uniform and efficient way, as adopted and set up by the companies own teams Open Source (MIT) contributions made on Github via pull-request or bug-reporting.

Container freight – lining up to load transactions on the blockchain.

Photograph showing unconfirmed transactions next to a validator of the Blockfreight™ nework. via How Does it Work

The automation of vehicle transportation is opening up new capital allocation opportunities. The administrative function of the supply chain is nearing a close. Our alliance is the first global open network for freight. Open borders and open markets are facilitated by active transfer. 

We are building something we all need. Get on board.

Blockfreight™ selects Tokenly SwapBot

Blockfreight™ selects Tokenly SwapBot

Blockfreight™ [BFT:XCP]
selects Tokenly SwapBot

Blockfreight Tokens

Julian Smith

Julian Smith, Founder & CEO, Blockfreight, Inc.

Blockfreight™ [BFT:XCP] to launch a Tokenly SwapBot for BLOCKFREIGHT counterparty asset Code: [BFT:XCP]

We are pleased to announce that after a teleconference with Adam B Levine founder and CEO of Tokenly last week [Apr 14, 2016], Blockfreight™ selected the Tokenly platform for the purchase of BLOCKFREIGHT tokens.

Anyone interested in discussing the upcoming release of our platform can get in touch:

julian.smith@blockfreight.com or LinkedIn

or via our Contact Us